Yes, as I understand it, the MTPX 16x16 with the MTP transmitters and receivers, will switch multiple signal types, but only to a matching transmitter pair (composite to composite, s-video to s-video, vga to vga). The Universal Receivers do have composite, s-video, and vga, but will only display the signal type that they are sent, and will not convert signals to the other types. For example, if you send a Universal Receiver a s-video signal, it will only output s-video. The Universal Receivers are nice, in that they help with scaling up to vga in the future, but this also comes at a cost more than a normal receiver.
No matter what company you go with, this could be a costly proposition. Do you have a budget in mind for what you are trying to accomplish?
I know that usually performing arts centers often do not have that much money for improvements.
John